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Archive: April, 2024

Posts in April, 2024

Section 71 Inapplicable if Goods Unloaded Outside notified Area with Superintendent Permission: SC

April 2, 2024 855 Views 0 comment Print

Supreme Court held that provisions of section 71 of the Customs Act doesn’t apply when goods were not warehoused inside the notified public bonded warehouse but were unloaded outside the notified area but within factory premises and kept under a shed on permission granted by Superintended.

Sale of Online Advertisement Space Not Taxable as Royalty or FTS in India: ITAT Bangalore

April 2, 2024 1605 Views 0 comment Print

ITAT Bangalore held that payment made by Google India Pvt. Ltd. to Google Ireland Limited (assessee) for sale of online advertisement space is not taxable in India as the same cannot be regarded as royalty or FTS.

Filing Appeal Shortly Before Section 153C Assessment deadline Unjustified: Delhi HC

April 2, 2024 1200 Views 0 comment Print

Delhi High Court held that petitioner has approach the court only a few days before the time for completion of assessment u/s. 153C of the Income Tax Act would expire.

GST Registration: No Retrospective Cancellation Without Valid Reasons

April 2, 2024 1491 Views 0 comment Print

Explore the detailed analysis of the Delhi High Court ruling on GST registration cancellation, emphasizing the importance of sufficient reasons and proper procedure. Learn why retrospective cancellation must be justified.

Printing & supply of textbooks to Government department are taxable under GST

April 2, 2024 3477 Views 0 comment Print

Explore the tax implications of printing and supplying textbooks to government departments under GST. Dive into a detailed analysis based on the recent ruling by West Bengal AAR.

Section 10(26) Exemption Limited to Individual Members of Scheduled Tribe: ITAT Guwahati

April 2, 2024 1842 Views 0 comment Print

ITAT Guwahati held that the exemption of 10(26) of the Income Tax Act is available to the individual members of the Scheduled Tribe and the said benefit cannot be extended to a partnership firm.

IFSCA (Payment Services) (Amendment) Regulations, 2024

April 2, 2024 1218 Views 0 comment Print

International Financial Services Centres Authority (IFSCA) issues amendment regulations for payment services, effective from April 2, 2024.

MIKO II Classification: Automatic Data Processing Machine vs. Plastic Toy

April 2, 2024 960 Views 0 comment Print

Learn about the customs duty dispute over MIKO II’s classification. Analysis reveals its advanced technology warrants ‘automatic data processing machine’ status.

Trademark Disputes: Shyam Sel and Power Limited vs. Shyam Steel Industries Limited – A Case Study

April 2, 2024 1575 Views 0 comment Print

Dive into the Supreme Courts judgment in Shyam Sel & Power Ltd vs Shyam Steel Industries Ltd case regarding trademark infringement and passing off. Detailed analysis & conclusion included.

Order Rejecting GST Registration Cancellation Lacks Details, Cannot be Sustained: Delhi HC

April 2, 2024 924 Views 0 comment Print

Delhi High Court rules GST registration to be cancelled from the date of application, overturning rejection due to lack of details in the order.

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